Civic Intelligence

Ability Inc.

990 • Fiscal year 2024 • EIN 43-2102490

Jul 01, 2023 to Jun 30, 2024 • Filed on May 15, 2025

Organization ProfileN/A
115 W Dunnam StHobbs, NM 88240

(575) 631-3454

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • NTEE J • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • NTEE J • $500k-$1M nonprofits • Source year 2024

Net Margin

98th percentile

95%

Higher net margin than 98% of similar nonprofits.

2024 filings • NTEE J • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

79th percentile

$101,386

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 33.2% of source-year revenue.

2024 filings • NTEE J • $500k-$1M nonprofits • Source year 2024

Asset Growth

79th percentile

55%

Faster asset growth than 79% of similar nonprofits.

2024 filings • NTEE J • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

201%

Faster revenue growth than 95% of similar nonprofits.

2024 filings • NTEE J • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$819,699

Up $291,767 (+55%) from 2023

Net Assets

Up

$819,699

Up $291,767 (+55%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin98th percentile

Revenue

Up

$305,705

Up $204,003 (+201%) from 2023

Expenses

Down

$13,938

Down $1,649 (-11%) from 2023

Net Income

Up

$291,767

Up $205,652 (+239%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $984,457Liabilities 2011: $0Net Assets 2011: $984,4572011Assets 2012: $843,179Liabilities 2012: $0Net Assets 2012: $843,1792012Assets 2013: $920,687Liabilities 2013: $0Net Assets 2013: $920,6872013Assets 2014: $816,254Liabilities 2014: $0Net Assets 2014: $816,2542014Assets 2015: $790,838Liabilities 2015: $0Net Assets 2015: $790,8382015Assets 2016: $732,532Liabilities 2016: $0Net Assets 2016: $732,5322016Assets 2017: $788,201Liabilities 2017: $0Net Assets 2017: $788,2012017Assets 2018: $804,170Liabilities 2018: $0Net Assets 2018: $804,1702018Assets 2019: $748,400Liabilities 2019: $0Net Assets 2019: $748,4002019Assets 2020: $562,141Liabilities 2020: $0Net Assets 2020: $562,1412020Assets 2021: $467,790Liabilities 2021: $0Net Assets 2021: $467,7902021Assets 2022: $444,621Net Assets 2022: $444,6212022Assets 2023: $527,932Liabilities 2023: $0Net Assets 2023: $527,9322023Assets 2024: $819,699Liabilities 2024: $0Net Assets 2024: $819,6992024

Highlighted filing

2024

Assets$819,699
Liabilities$0
Net Assets$819,699
Open 2024 Filing

Operations Trend

Revenue Growth95th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KExpenses 2011: $33,6792011Expenses 2012: $172,0702012Expenses 2013: $74,6132013Revenue 2014: $14,105Expenses 2014: $118,538Net Income 2014: -$104,4332014Revenue 2015: $42,071Expenses 2015: $67,487Net Income 2015: -$25,4162015Revenue 2016: $45,413Expenses 2016: $103,719Net Income 2016: -$58,3062016Revenue 2017: $110,022Expenses 2017: $54,353Net Income 2017: $55,6692017Revenue 2018: $50,208Expenses 2018: $34,239Net Income 2018: $15,9692018Revenue 2019: $51,061Expenses 2019: $106,831Net Income 2019: -$55,7702019Revenue 2020: $26,716Expenses 2020: $212,975Net Income 2020: -$186,2592020Revenue 2021: $18,482Expenses 2021: $112,832Net Income 2021: -$94,3502021Expenses 2022: $23,1692022Revenue 2023: $101,702Expenses 2023: $15,587Net Income 2023: $86,1152023Revenue 2024: $305,705Expenses 2024: $13,938Net Income 2024: $291,7672024

Highlighted filing

2024

Revenue$305,705
Expenses$13,938
Net Income$291,767
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$305,705
Mission and Program Overview

Mission

Hold property for use by people with developmental disabilities

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$118,271$473,976▲ $355,705
Savings and Temporary Cash Investments$166,138$166,138→ $0
Land, Buildings, and Equipment, Net$132,543$85,171▼ $47,372
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$527,932$819,699▲ $291,767
Other Assets Total$110,980$94,414▼ $16,566
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$527,932$819,699▲ $291,767
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$527,932$819,699▲ $291,767
Total Liabilities and Net Assets / Fund Balance$527,932$819,699▲ $291,767

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$85,171$432,821$517,992
Other Assets Org$94,414--
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleOtherTotal
Phillip RoybalExecutive Director$101,386$101,386
Jayme LunaFinance Administrator$62,209$62,209

Board Members and Trustees

NameTitle
Gladys SwisherPresident
Eppie CalderonVice President
Marleah CramerDirector
Noel PonceDirector
Scotty HollomanDirector
Shawn WilliamsDirector
Sondra HutsonDirector
Glen BiswellSecretary
Rene CantuTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$305,705
Other Revenue
$0
Change in Net Assets
$291,767
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,938
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$12,845$1,093-$13,938
Total Functional Expenses$12,845$1,093$0$13,938
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Ability Inc
EIN
43-2102490
In Care Of
% PHILLIP ROYBAL
Phone
5756313454
Address
115 W DUNNAM ST, HOBBS, NM 88240

Signing Officer

Name
Phillip Roybal
Title
President
Phone
5756313454
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phillip Roybal
Formed
2006
Legal Domicile
Nm
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Bruce E Bernstien & Associates
Address
10440 N CENTRAL EXPRESSWAY STE 1040, DALLAS, TX 75231
Preparer
Bruce E Bernstien
Phone
2147060840
Supplemental Narrative

Additional Explanations

Review Process

“Form 990, part vi, section b, line 11b form 990 is reviewed by the board of directors before filing.”

Enforcement of Conflicts Policy

“Form 990, part vi, section b, line 12c officers, directors, and key employess are required to sign a conflict of interest policy upon becoming a board member or employee.”

Governing Documents Disclosure Explanation

“Form 990, part vi, section c, line 19 governing documents are made available to the public by written request.”

Financial Statement Notes

Fin 48 (asc 740)

“FORM 990, SCHEDULE D, PART X, LINE 2 Leaders Industries, Inc., and Ability, Inc. are not-for-profit organizations that are exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Therefore, the accompanying combined financial statements reflect no provision for Federal income taxes. GAAP requires management to evaluate tax positions taken by the Organization and recognize a tax liability if the Organization has taken an uncertain position that, more likely than not, would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the positions taken by the Organization and has determined, as of June 30, 2024, there are no positions taken that would require recognition of a liability or disclosure in the combined financial statements. The Organization continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings. With few exceptions, the Organization is no longer subject to income tax examinations by the U.S. federal, state, or local tax authorities for three years before the most recent tax filing. tax examinations by the U.S. federal, state, or local tax authorities for three years before the most recent tax filing.”

Raw XML AppendixShowing 400 of 486 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/PrincipalOfficerNm0PHILLIP ROYBAL
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/SupportedOrganizationsCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/EIN0850382793
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0LEADERS INDUSTRIES INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt085171
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0432821
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0517992
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt094414
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM LEADERS INDUSTRIES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FORM 990, SCHEDULE D, PART X, LINE 2 Leaders Industries, Inc., and Ability, Inc. are not-for-profit organizations that are exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Therefore, the accompanying combined financial statements reflect no provision for Federal income taxes. GAAP requires management to evaluate tax positions taken by the Organization and recognize a tax liability if the Organization has taken an uncertain position that, more likely than not, would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the positions taken by the Organization and has determined, as of June 30, 2024, there are no positions taken that would require recognition of a liability or disclosure in the combined financial statements. The Organization continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings. With few exceptions, the Organization is no longer subject to income tax examinations by the U.S. federal, state, or local tax authorities for three years before the most recent tax filing. tax examinations by the U.S. federal, state, or local tax authorities for three years before the most recent tax filing.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0FIN 48 (ASC 740)
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt094414
IRS990ScheduleD/TotalLiabilityAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND KEY EMPLOYESS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY UPON BECOMING A BOARD MEMBER OR EMPLOYEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC BY WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0REVIEW PROCESS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1ENFORCEMENT OF CONFLICTS POLICY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LEADERS INDUSTRIES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0850382793
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SVCS FOR PEOP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt010
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0115 W DUNNAM ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0HOBBS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd088240
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IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt094414
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0LEADERS INDUSTRIES INC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$819,699
Liabilities
$0
Net assets
$819,699
Revenue
$305,705
Expenses
$13,938
Net income
$291,767
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.20$0.00$8.20$3.06$0.14$2.92
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.28$0.00$5.28$1.02$0.16$0.86
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.45$4.45$0.23
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.68$0.00$4.68$0.18$1.13$0.94
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.62$0.00$5.62$0.27$2.13$1.86
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.48$0.00$7.48$0.51$1.07$0.56
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.04$0.00$8.04$0.50$0.34$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.88$0.00$7.88$1.10$0.54$0.56
2016Detailed filing. Detailed filing data is available for this year.$7.33$0.00$7.33$0.45$1.04$0.58
2015Detailed filing. Detailed filing data is available for this year.$7.91$0.00$7.91$0.42$0.67$0.25
2014Detailed filing. Detailed filing data is available for this year.$8.16$0.00$8.16$0.14$1.19$1.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.21$0.00$9.21$0.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.43$0.00$8.43$1.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.84$0.00$9.84$0.34
Peer Organizations

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